Polylite Taiwan Cash Flow Statement

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-47.94	-29.3	11.2	6.71	-13.13
Depreciation & Amortization	52.12	59.55	63.64	67.74	71.87
Loss (Gain) From Sale of Assets	-1.14	-0.57	0.61	-0.03	0.47
Asset Writedown & Restructuring Costs	-0.18	-	-	-	7
Loss (Gain) on Equity Investments	-67.27	-72.17	-73.66	-43.94	-50.46
Provision & Write-off of Bad Debts	0.2	0.45	0.27	0.2	-0.02
Other Operating Activities	61.68	64.67	23.7	40.54	64.8
Change in Accounts Receivable	5.08	30.32	4.86	0.44	-1.55
Change in Inventory	51.26	-8.65	6.95	-12.52	-9.45
Change in Accounts Payable	-0.5	-6.58	10.87	-24.14	4.96
Change in Other Net Operating Assets	-6.51	-2.52	-2.22	-3.07	4.18
Operating Cash Flow	46.81	35.2	46.22	31.93	78.68
Operating Cash Flow Growth	32.98%	-23.84%	44.75%	-59.42%	-
Capital Expenditures	-10.28	-4.82	-9.47	-15.88	-18.57
Sale of Property, Plant & Equipment	1.35	0.82	-	0.03	2.4
Investment in Securities	0.18	-	-	-	1.85
Other Investing Activities	-1.31	-63.63	0.36	1.06	-5.17
Investing Cash Flow	-10.06	-67.63	-9.11	-14.8	-19.5
Short-Term Debt Issued	-	38.62	-	-	32.05
Total Debt Issued	-	38.62	-	-	32.05
Short-Term Debt Repaid	-17.71	-	-43.82	-73.41	-
Long-Term Debt Repaid	-1.21	-1.85	-2.33	-2.8	-2.82
Total Debt Repaid	-18.92	-1.85	-46.15	-76.21	-2.82
Net Debt Issued (Repaid)	-18.92	36.77	-46.15	-76.21	29.23
Common Dividends Paid	-	-23.32	-23.32	-23.32	-
Other Financing Activities	0.08	0.04	-28.05	0.08	0.04
Financing Cash Flow	-18.84	13.48	-97.52	-99.45	29.27
Foreign Exchange Rate Adjustments	2.64	-14.41	0.24	-16.32	-0.34
Net Cash Flow	20.55	-33.36	-60.17	-98.64	88.12
Free Cash Flow	36.53	30.39	36.75	16.05	60.11
Free Cash Flow Growth	20.24%	-17.31%	129.00%	-73.30%	-
Free Cash Flow Margin	12.01%	9.80%	10.20%	4.43%	13.33%
Free Cash Flow Per Share	0.79	0.65	0.79	0.34	1.29
Cash Interest Paid	8.24	9.19	8.07	4.86	4.03
Cash Income Tax Paid	1.35	-	-	0.99	0.71
Levered Free Cash Flow	40.24	0.68	27.18	-31.51	27.24
Unlevered Free Cash Flow	45.86	6.1	32.59	-31.51	29.69
Change in Working Capital	49.33	12.57	20.47	-39.29	-1.85

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.